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Markets/Coverages: Munich Re’s HSB Launches Cyber Insurance for Autos

April 3, 2024

With millions of connected vehicles on U.S. roads, personal cars and trucks will likely be the next big target for hackers and cyber thieves, according to specialty insurer HSB, which has launched a new cyber insurance product to help consumers respond to the threat.

Called “Cyber for Auto,” HSB’s coverage aims to help safeguard private information stored in personal vehicles and connected to cloud-based and wireless communication networks.

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